Premier Electrical Hull Ltd

Key Facts

Net Assets

Current: £125

Previous: £11,648

Change: -11,523 (-98.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £3,947

Previous: £961

Change: +£2,986 (+310.7%)

Comment: Current assets increased significantly.

Cash

Current: £4,977

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £19,997

Previous: £3,855

Change: +£16,142 (+418.7%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £23,944

Previous: £19,818

Change: +£4,126 (+20.8%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £23,819

Previous: £12,025

Change: +£11,794 (+98.1%)

Comment: Fixed assets increased significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.